Dag numit. For whatever reason, I've gotten hooked on U.S. commemorative coins and now I can't stop spending money. Someone please stop me before my "coin" savings account is zero. In the past month, I've bought 12 of them and now want yet another one. I guess the attraction to me is that they aren't the same old coins I'm used to seeing and the older ones (and some of the newer ones) have really great designs so I am strongly attracted to them. Anyone else out there like me? Is there a CAA - Commemorative Anonymous Association - out there?
Oh I get it. I made the mistake of perusing the Ancients forum not long ago. That little excursion cost me a great deal of spendable cash as well.
And you're better for it. Unless you feel the need to rid yourself of those nasty ole' ancients....you know my address lol
LOL. Probably wouldn't have worked for me either. Wait, I just got any email saying an auction I was interested in is closing soon. Gotta go now. LOL
Isn't that the beauty of collecting? the thrill is new all the time, always something to capture our imagination and our eye. The limiting factor is our budget, but not our hearts!
The classic commemoratives may hold their value (I'm not predicting it) ... moderns probably won't beyond bullion value if of PM (I am predicting that). Of course, no one should collect with profit in mind, but we all should try to get the best buys possible. The classics are an interesting bunch ... many are beautiful designs ... many provide historical insight into the time they were minted and the periods, persons and locations they depict. They are interesting conversation pieces. Show a non-collector a nice Wash quarter or Jeff nickel and they'll admire the condition, but won't be otherwise impressed. It's like the ones in their pocket, just better condition. Show them a commem and be prepared for lots of questions and talking. I don't collect them ... well, except for the New Rochelle half dollar and Pan Pac gold dollar I had to have. Collecting the classics can't be bad if you go for quality and stay in budget. Read, study, go for it, and enjoy! Cal
Just save your money and buy what you really want because sooner or later you'll wake up from this dream.
New habits are formed over a three or more week period of time. Put yourself on a "purchasing diet" for this amount of time, and see if it cures what ails you. Good Luck! : )
My suggestion - Select only your most loved coin each year. Buy the rest one year out since 95% of mint issues drop in value after they have been out a few years. One or two will go up. Hopefully you select the winners and get them at near issue price. Let other people take the losses for you. good luck.
Mountain Man - Watch the coin swinging across your eyes, now close your eyes, open them now and watch my text and mine text only "You are not going to buy another commemorative coin, medallion, or token" whenever you think of buying you will kiss you better half! Now wake up Mountain Man. See pretty easy huh. I'm done you are cured my man...
Oh well I tried. If you need to make some money open a masks for sale stand in your front yard. Manufacturers are making a killing on them 1000 to 3000% Be safe MM.
I think I can resist the Columbians (for a while). But the Pan Pac and American Sesqui quarter eagles are calling ... pricey though. Then there are the ultra-desirable Pan Pac $50 pieces ... OK, OK ... ain't never happenin'. Cal
I guess what many here need to know is that my life expectancy is probably more behind my current drive than anything. Buying one a year isn't really an option. I have limited myself to not spending any more than is in my "coin" savings account, so when that is gone, or I am, I will stop. As I said before, I think it is just the difference of the designs over the common seen coins that attracts me strongly. It's very much like @calcol stated.
I would, but I haven't even received many of them as I bought them altogether within the last month. I have sellers photos, but that's all at the moment. I have purchased the following: 1920 Pilgrim 1923 S Monroe Doctrine 1925 Stone Mountain 1925 S San Francisco 1926 Sesquicentennial 1935 S San Diego 1936 S San Francisco Bay Bridge 1937 D Oregon Trail 1937 Texas 1946 Booker T Washington 1989 D Congress and one 1820 (1970) Missouri Bronze I bought as a gift for a friend in Missouri. I already had the Columbian. LOL